Repository logo

Household Risk Preparation Indices—Construction and Diagnostics

Change log


Foa, Roberto Stefan  ORCID logo


Recent years have seen growing interest in the conceptualization and measurement of household risk preparedness at the cross-country level. This paper discusses the challenges faced in the design of composite indices, including indicator selection, aggregation, weighting, and how they might be addressed in the composition of a risk preparedness measure. A simple risk index is devised and a series of diagnostic tests conducted in order to demonstrate the robustness of the new measures and its degree of construct validity.



World Bank, Index Design, Household Risk, Social Indicators, Development, Poverty

Is Part Of


World Bank Open Knowledge Repository

Publisher DOI

Publisher URL

World Bank Group